TULSA -- The tax increases that will fund teacher raises begin today. Consumers will have to shell out more on cigarettes and gas.
That extra revenue is expected to bring more than $400 million for the teacher pay raises educators fought for in April.
Cigarette prices are expected to jump $1 per pack. The measure also applies to little cigars at the same rate.
When you’re filling up at the pump, you’ll see an additional 3 cents per gallon on gasoline, and 6 cents per gallon on diesel fuel.
The measure raises the gross production tax on new horizontal oil and gas wells from two percent to five.
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